To amend the Internal Revenue Code of 1986 to temporarily reduce the rates of tax on highway gasoline, diesel fuel, and kerosene by 10 cents per gallon.

Amends the Internal Revenue Code to provide for a ten-cents-per-gallon tax reduction on the rates of tax on highway gasoline, diesel fuel, and kerosene for a period of 180 days beginning on the 7th day following enactment. Sets forth floor stock provisions. Expresses the sense of the Congress that the benefit of the reduction be passed on to consumers and requires a study and report to determine if there has been a passthrough.